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    Karateka targets international titles

    Botswana gears up for high-stakes Gabs Open karate showdown

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    Karateka targets international titles

    Botswana gears up for high-stakes Gabs Open karate showdown

    Orange Botswana Awards P390,000 to Historic 4x400m Relay Champions, Coaches & BAA

    Orange Botswana Awards P390,000 to Historic 4x400m Relay Champions, Coaches & BAA

    Eppie’s breakthrough hints at a brighter future for Botswana’s 400m

    Eppie’s breakthrough hints at a brighter future for Botswana’s 400m

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    Sports chief raises alarm over doping spike amid Region 5 triumph

    Sports chief raises alarm over doping spike amid Region 5 triumph

    𝐃𝐞𝐛𝐬𝐰𝐚𝐧𝐚 𝐑𝐞𝐜𝐨𝐠𝐧𝐢𝐬𝐞𝐝 𝐨𝐧 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐬𝐭𝐚𝐠𝐞 𝐰𝐢𝐭𝐡 𝐀𝐔𝐒𝐂 𝐦𝐞𝐝𝐚𝐥 𝐨𝐟 𝐇𝐨𝐧𝐨𝐮𝐫

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The Outrageous P250m Engelbrecht Scheme 

The liquidator’s conclusion makes for sober reading: The business of BFM and other companies in the Consolidated Estate orchestrated through Eune Engelbrecht and various role players - among them his mother and his appointed associates from South Africa - was effectively a Ponzi scheme that ultimately ran its course to the detriment of the creditors. The Business Weekly & Review STAFF WRITERS report

mm by Staff Writer
April 20, 2023
in News
Reading Time: 1 min read
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The Outrageous P250m Engelbrecht Scheme 
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Preliminary findings on the affairs of the consolidated estate has details of how Eune Engelbrecht has been named as the controlling mind behind the formation and the running of the business, which comprises Bluthorn Fund Managers (Proprietary) Limited, Bthorn (Proprietary) Limited, Bluthorn Holdings (Proprietary) Limited, Bluthorn Procurement Solutions (Proprietary) Limited and Prime Employee Benefits (Proprietary) Limited.  

However, liquidator Kopanang Thekiso, who prepared the report, said Engelbrecht did not do this alone but was assisted by Jeffrey Sibisibi. Sibisibi was instrumental as he roped in a number of key players to the Group. 

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Tags: Bluthorn Fund ManagersEune EngelbrechtJeffrey SibisibiKelebogile SibisibiKopanang Thekiso

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